Paragon Loans Review

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1.2 stars
Average rating for this product is: 1.2 out of 5

From 1 rating and 4 reviews

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Guest's Review of Paragon Loans

Overall Rating

0 stars
  • Value for money
    0 stars
  • Speed of Application
    5 stars
  • Loan Rate
    0
  • Customer Service
    0 stars
Good Points

Not one!


Bad Points

Loads and loads, like to write repeated letters and phone calls to just charge you for them!!!


General Comments

I borrowed 15,000 from Paragon Loans in 2000, asked for a settlement figure, only to find out i still owe 9, 874.00!! after paying 245.00 per month for the last 9 years& 5months, i have paid up to date, £ 27,600.00!!!!!

when will this debt ever end!!!!!


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Members' Comments onGuest's Review

  • clivewelshboy on 16th Dec 2009

    I found this review very helpful because... it relates to my experience with this company paragon personal finance every body needs to make a profit to survive but ripping folk off is not the right way to go about it paragon constantly phone you or write letters to you charging to your account between £10-£20 this adds up over time increasing your debt with interest
    even when your paying them regular i have been charged over £2000 plus misold ppi £1200 thats over £3,000 how can they be allowed to do this surely theres something we can do about it

NameCredit RatingAPRTypical APRMin Loan AmountMax Loan AmountHome Owner  
Alliance & LeicesterGood7.80%7.80%£7,500.00£14,950.00No
Nationwide LoansBad7.60%7.60%£7,500.00£14,999.00No
Sainsbury's LoansGood7.90%7.90%£7,500.00£15,000.00No